The Art of Recom, MED, SGN, SGAL, Etc. Etc. Etc.

And what I was tryingto tell you was I always told him he should have a hedgefund in order to manage his own stuff, and Legendswasthat hedge fund, it became the hedge fund.

We bought a piece of property in Austin, Texas,and were going to build a massive golf teaching center.................I raised money, we bought the property, aboutsix months down the line somebody offered us what wethought was an exorbitant price for the property, and wesold it.

We had, you know -- he would always operate inway where he would give me either a check, which hedid in the beginning, or would DTC me, and at that pointhe had 26 million shares, I believe it was, if Iremember correctly, of e-MedSoft, and at one point heDTC'd me 250,000 shares -- no, I think he started with50,000 free trading and 250 restricted. And this isfrom memory, but it's ballpark.

Just for the record, what are you specificallyreferring to when you say "DTC"?It's a way to transfer stock from one accountto another. And the stock would come from, you know,his various entities.

Well, I brought to the table, in the case ofe-MedSoft, which is the most significant, we alreadytalked about Red Coat -- I brought them to the table,and then he took over. And they bought over 15 millionshares of E-MedSoft.

Who's "they"?

.............. twoprincipals of Red Coat. They were introduced to MitchStein and e-MedSoft by me. I brought them to the table,and then he took over completely. He actually spentnearly a month in their offices during a period of timein which e-MedSoft went from under a dollar to over fourdollars.

You said that e-Med stock was his currency atthe time? What did you mean by that?That's how he paid people. He paid others withe-Med stock as well, because he had so many shares, hecould never have sold them all, although he did manageto sell what appears to be 20 million shares or so.

And so whatever you understood that whateverwork you did for him on this consulting agreement, youwere getting paid in e-Med shares?That wasn't the understanding. That's whathappened.

It may havebeen someone -- but of course, Mitchell forbid me tomeet with more than one board member at a time. He leftthat in a voice message. Only meet with one at a time,don't put issues on the table, then I'll have to correctit and get rid of them. I have that voice message.You'll enjoy that. (In reference to Recom)

These are some. If you have case numbers of ones not listed, email them to me. I know there are more, but this is a few that generate interest:

U.S. District Court District of South Carolina Greenville Division cases:Robert Latham vs Signalife p (Stein is listed as a defendant)Darryl Roth vs Signalife Case No. 08-CV-3183-RBH (Stein is listed as a defendant)

(case that hurts Signalife and Stein to this very day since Stein is Recom/Signalife)

California Superior Court Case No. SC 038642

ljbm

Tracey Hampton Stein vs Erwin I. Katz, Ltd. et al

Florida Southern District Court Case No. 9:2009cv80798

(Now do she "really" want this going forward in a courtroom. Maybe, Mitch will figure out how he can have a microphone piece in her ear and tell her word for word what to say or maybe she will get on the stand and cry about her family being "famous" or use the "black woman" argument?)

The one that has everyone saying "fake" is Stein's bankruptcy caseCase No. 09-14345-PGH (South Florida District)Most of the above cases are easily found online by case numbers. If you do not understand the first few posts, research the South Carolina cases, Spark case, and the Triple Play case to better understand how Mitchell Stein manipulate stocks, manipulate people, evade taxes, donate to politicians to keep them from pursuing legal action against him and his silent partner name Tracey Hampton-Stein (aka Tracey Hampton aka Tracey Wilson Hampton aka Tracey Stein), etc.

the night, so forth and so on, and he's a fraud. Itwas a fraud. It was a scam.

At that

point in time, E-Medsoft was a very popular subject atSherwood Country Club and at Lakeside and at Bel Air

...... apparently got a $70 million loan

arranged from the ........., and then he claimed --and he went to Switzerland with Mitchell. I have acouple of voicemails where he called me fromMitchell's what he says G-5. Mitchell calls his G-3 a G-5. That's like calling aCadillac a Rolls Royce

they all

lost millions of dollars because of Mitchell's toutingthe stock and telling lies, and the news that wasreleased on Med was apparently false.

talked to him over

and over again about paying income tax and how shouldI go about this because he was, you know, claimed tobe quite an astute guy in all ways. And he kepttelling me I should go talk to his accountant.

........" He said "Oh,there's a million ways to not pay."And then, of course, a few days

after I wrote the government the checks for $560,000,he said "You're an idiot. Why did you do that?You're crazy. Why would you pay those taxes?" I saidyou know, "'Cause that's what you're supposed to do."We had a big argument about that. He told me I wasunsophisticated, didn't understand things.

..............he completely destroyed the relationship because

he got drunk and offered to sell the guy E-Medsoftstock. I think he offered him two shares for everyshare he bought in the market, or some -- somethinglike that.By acting like a fool and throwing clubs onthe golf course and quitting in the middle of theround. His etiquette on the golf course is the worstI've ever seen.

Yeah. I mean Mitchell only gives

you a little piece of the story, and that's why heisolates people and not allows others to talk toothers, and it's incomplete data. And sometimes he'llgive you just blatant misinformation.

He and Tracy had a conversation with .....,

........ they were cutting loose a lot ofpeople because -- and he always talked about peoplethat sucked money out of him and took advantage ofhim. It's preposterous.

anybody that would be -- and this was early on -- whowould be a good board member and to makerecommendations about who else maybe would be put onthe board that would be synergistic and valuable. Hewanted me to -- you know, on the subject of talking toinvestors, he did leave me a message that told me "Donot contact anybody who has anything to do withE-Medsoft. Do not contact anybody who knows anybodyto do with E-Medsoft."When someone controls 85 percent of the

stock, it's pretty tough to get a sophisticatedinvestor to come in and get in behind that, especiallywhen that person has a history of selling largeownerships. The liquidity of the stock was a problem.Obviously, there weren't enough shares out there.

he showed up in cowboy

boots with a suit. He looked like a fool with thesewhite cowboy boots with a dark suit and talking abouthis gulf stream airplanes

But when you just continue to

lie and lie and lie, people don't like it. And hecan't help himself. He's got a problem there.

I'm shocked that the SEC,

or the NASD didn't come in and do some sort ofinvestigation. When a stock goes from 2 to 16 in ashort period of time on low volume, they usually cometry to figure out why the market is a little strangeand too volatile.

Okay. How many times have you bought Recomshares?

I believe only once when Mitchell called meand instructed me specifically to buy 7,500 shares at31 minutes after the opening, that "I don't like yourstrategies. I'm taking over. I'm going to bepresident of the company. Tracy has insisted, and Iam going to do this. And I want you to buy 7,500shares, 31 minutes after the opening. I don't wantany excuses. You won't be able to call me. I'll outof contact, but I want you to leave me a message thatyou got this and you're going to do it, and I want youto do it. That's 7,500 shares, 31 minutes after theopening." That's a voice message, and it's -- I'veparaphrased it, but that is what it says.

Okay. And did you do it?

Yes.All right.But I didn't buy 75 -- oh, and in themessage he said "...............'s the company lawyer.The lawyer for company and all its directors. He hasapproved this. You'll file a form 4. Everything islegal under the laws of man," or whatever he says,"and I want you to do this."

You never directed anybody to engagein short selling of Recom stock?

No.Okay.I think it's possible Mitchell does.Why do you say that?Because sellers would show up in the stock,and nobody could figure out where they were comingfrom.

Because he did it in E-Medsoft, he sold

stock while saying he was going -- that he would neversell a share. He told all my friends and all thepeople that bought, "I'll never sell a share," and hesold like crazy. So he lies about that.

contacts were

buying E-Medsoft stock, that Mitchell through varioussubsidiaries sold millions and millions and millionsof shares, and it's abominable, it's disgusting, it'shorrible because he would say right to people's face"I will never sell stock, E-Med stock.

and

that's a trick he uses and he did that with manypeople. He would tell them to buy E-Medsoft stock andget them involved and tell them he'll give them extrashares.

"You give him 50,000, and I don't want tohear any arguments about it."(Bill Lockyer campaign)

25,000 to Clinton, 10,000 to Clinton's wife, 5,000 toKerry was his last forced move, 5,000 to the districtattorney of Las Vegas, whatever that was about.

E-Medsoft was one of the better performersafter -- right after 9/11 because ........... was inthere buying like crazy because Stein was sitting inhis office tell him he was buying and, in fact, he wasselling. And when the stock started plummeting, we

found out later that TSI, Tracy Stein had soldmillions of shares and that Swab Financial hadsold

It's on Raging Bull, punch out Med

Diversified, MDDVV.Q., and it talks about Stein beinga crook and fleecing investors and lying and sellingstock while everybody else was buying and that there'sa couple of lawsuits, class action suits against Steinin Florida and the whole Becky ..... thing, and, youknow, it's all on there. Whether it's true or not,you know, I don't know.

......throughout the year he'd tell me about VIPS, and we 9 met with Bill Lockyer a couple of times and he demanded that I donate $50,000 to Bill Lockyer, which I resisted,but I did it because he insisted. In fact, he insisted.I donated to the Clintons. I donated $25,000to Bill Clinton and I thinkto Hillary. He insisted.I do it. "You do this. It's part of our relationship."And it was sort of related to VIPS and the victims and 16 so forth.

(Why would a penny stock hustler ruin relationships with the Hollywood crowd? The list is so long and embarassing that they are being spared from being mentioned here, for now. Why was there a donation to Las Vegas 's D.A. since no one was a Las Vegas resident nor a Nevada resident?)

what I'm talking about. When you said "raised money,"
Mitchell Stein always said he had 100, 200, 500
million dollars. He may not have said "raised money."
He may have said "I will finance the company. We
don't need to raise money."

I was told that he contributed to the company. I could tell you that it seemed like
some months was 20, $30,000, other months it was
$100,000, but it was never the millions that he
promised.

There were some months

that it was around 50,000 a month. There were then
extraordinary items sometimes that -- things that
Budimir needed and those guys, so sometimes it would
jump up to a hundred or so.

There was a strange arrangement with Legends
Financial, or Legends Advisers, or whatever their
entities may be involved there

And there was, I believe, some

funding done by Legends because Legends ended up with
some Recom stock.

............... because we were told we had a

lease with Legends and we were paying them with, I
believe, S-8 stock, and there was a very confusing
situation there, and I thought there was a conflict of
interest there and I think Legends ended up with a lot
of stock.

Well, along these same lines, there was a

loan of some kind that was given to Recom either by
Legends or Mitch Stein or both or maybe -- I always
thought Mitch Stein was Legends.

I assumed there were going to be

deficiencies because that's the way he does it.
That's what his tool, his weapon is, to make the stock
options very difficult to register, which in fact
makes them

There's a considerable amount of restrictedstock being registered, and sometimes I have no idea

what the name means or who it is. Sometimes it's a
religious organization or a university or some name
I've never heard. There's no -- I don't know where
all these people got 144 stock.

you state that you're

informed and believe and thereon allege that Mr. Stein
has manipulated or attempted to manipulate Recom stock
price by, among other things, point A, offering
promises or compensation to persons or companies in
order to induce such persons or companies to buy Recom
stock.

You state here that Mr. Stein ordered

or directed -- and directed Recom's officers and
members of its board of directors to buy and/or sell
Recom stock at particular times and in particular
amounts. Okay. What do you base that on?
A voice message from Mr. Stein and
instructions from Mr. Stein that the voice message
says essentially "I want you to buy 7,500 shares of
Recom at 31 minutes after the opening, and no excuses.
I'm going to be taking over as president. Tracy and I
have decided. And I don't like your strategies. And
I don't like your ideas. And you're to buy 7,500
shares of Recom stock at 31 minutes after the opening.
Call and confirm that you are. You will then file a
form 4, .................

"Directing persons or companies to buy and/or

sell Recom stock between such persons or companies
thereby artificially inflating the trading volume
while simultaneously keeping such shares off the free
market since those shares would merely be passing the
stock back and forth between the persons or companies
under Stein's control."

"Mitch made us buy stock today" or "I had to

be in the market buying today."

......... made phone calls to ..... -- when we see

his phone records, we'll see this -- many, many, many
times a week, sometimes 10, 15 times a week. And it
was usually early in the morning and he'd call and
he'd say "Watch this. ...... in there. Watch, it's
going to go up. It will be 2.40." I'd say "Geez,
what are you guys doing?" "Don't worry about it.
Everything's cool."

Okay. Have you seen any documents which

reflect that Mr. Stein was directing persons or
companies to buy Recom stock to artificial apply
inflate the trading volume?
Mr. Stein's very careful about not creating
documents, but he runs the entire company, and that's
obvious.

Okay. Has anybody ever told you that

Mr. Stein has directed persons or companies to buy
Recom stock shortly before the closing of the market
at higher prices in order to artificially paint the
tape and increase the stock price?
As I just said, that comes from his
history --

you state there that Mr. Stein induced

persons or companies to buy Recom stock by
disseminating fictitious or unrealistic positive
information about Recom as if such information were
inside information when, in fact, such information is
false in significant part and is disseminated solely
to induce such persons or companies to buy stock.
What's your basis for making that assertion?
Some of the news releases seemed unrealisticto me and were overstated, which again is part of his
behavior, Mr. Stein's behavior.

Well, what did Mitchell Stein tell you about
Legends' involvement with Recom?
There's certain documents. It was a way --
I do believe Legends got stock from Recom, and since
Stein owned Legends, I always thought, hmm, there's a
way to cash some S-8 stock. Recom pays Legends,
Legends sells the stock, and Stein owns Legends;
therefore, he gets the money.

Followers

About Me

Recom changed its name to Signalife which changed its name to Heart Tronics.
The discussion in most of this blog stems from a 2004 deposition when a certain insider stated under oath that certain board members and officers were following the direction of Mitchell J Stein to manipulate both MED and Recom stock, and they were forced to donate to specific political campaigns in the states of California, Nevada, New York, and presidential.